Should the assessments in any special assessment roll prove insufficient for any reason
to pay the assessed portion of the cost of the improvement, the city commission may
make additional or supplemental assessments against the lots and parcels within the
special assessment district to supply the deficiency, or the city commission may determine
that such deficiency shall be paid in part by the city. Should the assessments levied
prove to be more than necessary to defray costs of the improvements, the city commission
may, by resolution, order the excess, if less than five percent of the total project
costs, to be transferred to the general fund, but if more than such amount, the whole
excess shall be refunded to the then owners of the parcels assessed, as their names
appear upon the city tax roll. The excess shall be determined within one year following
the completion of construction and refunds shall first be applied as payments upon
unpaid installments in the inverse order of the due dates thereof.
(Ord. No. 148, § 16, 2-15-93)
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